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4-bed · 2,542 sqftAl Reem 3, Arabian Ranches · completed 2007

TH245, Al Reem 3

Sold prices and rental history: sold twice, last in February 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH245 · DLD and Ejari recordsUpdated 28 November 2018
Last soldAED 2.85M20 February 2014
Current rentAED 140K /yr28 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH245, Al Reem 3

What is TH245 worth today?

Last sold for AED 2,850,000 in 2014

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28 Nov 2018RentedRenewal
AED 140,000/yr12 months · AED 55 per sqft
28 Nov 2017RentedNew contract
AED 150,000/yr12 months · AED 59 per sqft
28 Nov 2015RentedNew contract
AED 170,000/yr12 months · AED 67 per sqft
1 May 2015RentedRenewal
AED 301,724/yr7 months · AED 119 per sqft
1 May 2014RentedNew contract
AED 170,000/yr12 months · AED 67 per sqft
20 Feb 2014SoldReady
AED 2,850,000AED 1,121 per sqft
28 Jul 2008Sold by developerReady
AED 814,888AED 320 per sqft

Source: Dubai Land Department. Updated 28 November 2018.

Key facts

Type
4-bed villa
Size
2,542 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,800 /yr
Last sold
AED 2.85M · February 2014
Community
Al Reem 3

About TH245, Al Reem 3

TH245 is a four-bedroom villa of 2,542 sqft in Al Reem 3, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 20 February 2014 for AED 2,850,000, or AED 1,121 per sqft, 4% above the AED 1,077 four-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 28 November 2018, is AED 140,000 a year: a gross yield of 4.9% on the 2014 price, before the service charge of about AED 7,800 a year.

Sales and rents for TH245 over time

Sales
Villa TH245, each saleTypical four-bed in Al Reem 3
1M2M3M2007201220172022Typical sale price by year: 2007 AED 819,888; 2008 AED 1,150,000; 2009 AED 1,500,000; 2010 AED 1,005,888; 2011 AED 1,149,388; 2012 AED 1,775,000; 2013 AED 2,462,500; 2014 AED 2,900,000; 2015 AED 2,400,000; 2016 AED 2,375,000; 2017 AED 2,330,000; 2018 AED 1,800,000; 2019 AED 1,100,000; 2020 AED 1,580,000; 2021 AED 2,100,000; 2022 AED 2,387,500; 2023 AED 2,950,000Sold by developer, July 2008: AED 814,888 (AED 320 per sqft)Sold, February 2014: AED 2,850,000 (AED 1,121 per sqft)

TH245 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH245, each contractTypical four-bed in Al Reem 3
100K200K300K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 147,500; 2014 AED 170,000; 2015 AED 170,000; 2016 AED 170,000; 2017 AED 145,000; 2018 AED 137,500; 2019 AED 120,000; 2020 AED 105,000; 2021 AED 120,000; 2022 AED 130,000; 2023 AED 149,000; 2024 AED 179,250; 2025 AED 190,000; 2026 AED 184,500New contract, May 2014: AED 170,000 a yearRenewal, May 2015: AED 301,724 a yearNew contract, November 2015: AED 170,000 a yearNew contract, November 2017: AED 150,000 a yearRenewal, November 2018: AED 140,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the community.

4-beds in Al Reem 3, and where TH245 sits

All 99 4-beds →

TH245 last sold in February 2014 at AED 1,121 per sqft, 4% above what four-beds in Al Reem 3 were fetching at the time (AED 1,077). TH245's AED 140,000 is at the bottom of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
10 Jul 20254,900,000
15 Feb 20243,428,000
21 Aug 20232,930,000
28 Jul 20233,650,000
0 4-bed sales in the last 12 months

Al Reem 3

Community

300 villas, 2-bed to 6-bed in Arabian Ranches, completed in 2007 by Emaar. 9 sold in the last 12 months.

Typical price per sqft
AED 2,046
Typical sale
AED 5.1M
Typical rent
AED 196K /yr
Typical yield
4.0%
Al Reem 3, Arabian Ranches: prices, sales and rents →

TH245, Al Reem 3 in numbers

  • Sold twice: first on 28 July 2008 for AED 814,888, last on 20 February 2014 for AED 2,850,000 (AED 1,121 per sqft).
  • Rented since May 2014 on 5 Ejari contracts, from AED 170,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2014 price is 4.9%, before a service charge of about AED 7,800 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 28 November 2018.

Questions about TH245, Al Reem 3

What did villa TH245 last sell for?

AED 2,850,000 on 20 February 2014: AED 1,121 per sqft for 2,542 sqft. The villa has 2 registered sales; the first was AED 814,888 in July 2008.

What is the rent for villa TH245?

AED 140,000 a year on the contract renewed on 28 November 2018. The previous contract, from November 2017, was AED 150,000; the villa has been rented since May 2014.

How big is villa TH245?

2,542 sqft (236.2 sqm): a four-bedroom villa in Al Reem 3, completed in 2007.

What is villa TH245 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on TH245, Al Reem 3

Starts from the last sale price (AED 2.85M, 20 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

Plus AED 124,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →